Market seeing red. But here is why Eli Lilly and Estee Lauder are up

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable update of the trading day, just in time for the last hour on Wall Street. We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible. Here’s Monday’s edition. Off the lows : The week got off to a slower start but stocks Monday afternoon were well off their lowest levels of the session. The story of the day may be in the bond market, where yields are surging on Federal Reserve Chairman Jerome Powell’s interest…